GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemrez Technologies Inc (PHS:COAT) » Definitions » Interest Expense

Chemrez Technologies (PHS:COAT) Interest Expense : ₱-11 Mil (TTM As of Dec. 2011)


View and export this data going back to . Start your Free Trial

What is Chemrez Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chemrez Technologies's interest expense for the six months ended in Dec. 2011 was ₱ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2011 was ₱-11 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Chemrez Technologies's Operating Income for the six months ended in Dec. 2011 was ₱ 414 Mil. Chemrez Technologies's Interest Expense for the six months ended in Dec. 2011 was ₱ -11 Mil. Chemrez Technologies's Interest Coverage for the quarter that ended in Dec. 2011 was 38.76. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Chemrez Technologies Interest Expense Historical Data

The historical data trend for Chemrez Technologies's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chemrez Technologies Interest Expense Chart

Chemrez Technologies Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense
-1.18 -1.32 -0.07 -7.59 -10.68

Chemrez Technologies Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense -1.18 -1.32 -0.07 -7.59 -10.68

Chemrez Technologies Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2011 was ₱-11 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chemrez Technologies  (PHS:COAT) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Chemrez Technologies's Interest Expense for the six months ended in Dec. 2011 was ₱-11 Mil. Its Operating Income for the six months ended in Dec. 2011 was ₱414 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2011 was ₱0 Mil.

Chemrez Technologies's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2011 )/Interest Expense (Q: Dec. 2011 )
=-1*414.084/-10.684
=38.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Chemrez Technologies (PHS:COAT) Business Description

Traded in Other Exchanges
N/A
Address
Chemrez Technologies, Inc. is a manufacturer of resins, oleochemicals, and specialty products with an excellent reputation in the Philippines and Asia.

Chemrez Technologies (PHS:COAT) Headlines

No Headlines